ANOTHER ENTRY WITH A MINIMAL RISK OF 3.90% AND MADE US EARN ALMOST 10X THAT RISK!
Looking at our #ENJ trade, we were able to take a position at ENJ's yearly lows. These lows are most specifically in its 2019-2021 ranges. If you take a closer look, the previously broken major resistance of those years also became ENJ's major support of this year. Taking into account the possibility of more accumulation happening. We can take more long positions in between these key levels. In the event it goes below these key levels, we can still take more profitable trades with the extreme demands arising from those levels. The profit we've took is 32.54% which is already deemed to be higher than most of the trades we've took this month.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
